The Other Selling Sample Clauses

The Other Selling. Shareholders severally, hereby represent and warrant and covenant and undertake, as of the date hereof and until the commencement of trading of the Equity Shares on the Stock Exchanges, the following: (a) this Agreement has been and will be duly authorized, executed and delivered by them and is and will be a valid and legally binding instrument, enforceable against each of the Other Selling Shareholders in accordance with their terms and the execution and delivery by such Other Selling Shareholders, and the performance by them of their obligations under this Agreement does not and shall not conflict with, or result in a breach or violation of, or the imposition of Encumbrance on any of the properties or assets of such Other Selling Shareholders, or contravene any provision of Applicable Law, and no consent, approval, authorization or order of, or qualification with, any Governmental Authority is required for the performance by the Other Selling Shareholders of obligations under this Agreement, except such as have been obtained or shall be obtained prior to the completion of the Offer, and they shall comply with, the terms and conditions of such approvals, and all Applicable Laws in relation to the Offer and any matter incidental thereto; (b) No mortgage, charge, pledge, lien, security interest, defects, claim, trust, or any other security interest or other encumbrance shall be created or exist over the Escrow Accounts, the Public Offer Account, Refund Account or the monies deposited therein; and (c) The Other Selling Shareholders shall not have recourse to any proceeds of the Offer, including any amounts in the Public Offer Account until the receipt of final listing and trading approval from the Stock Exchanges by the Company.